Retail

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Credit card holders reduce debt in time of covid
Economy

Credit card holders reduce debt in time of covid

Credit card holders have been repaying what they owe with month-end balances getting smaller, however, there’s a small but growing value of debt that’s more than 90 days past its due date. Reserve Bank figures released today show there was $6.04 billion outstanding on domestic...

Paul McBeth 22 Jun 2020
Tobacco, grocery sectors say they're doing their part on health
Markets

Tobacco, grocery sectors say they're doing their part on health

A review into New Zealand’s health and disability systems took a shot at companies marketing tobacco, alcohol and unhealthy foods but those in the sector argue they are already doing their part and call for more government action.“Alcohol, tobacco, and unhealthy foods contribute...

Rebecca Howard 17 Jun 2020
Edmund Hillary high-end retail starts its ascent

Edmund Hillary high-end retail starts its ascent

Specialist outdoor clothing retail store Edmund Hillary, bearing the signature of the legendary Kiwi adventurer, has opened its flagship store at Auckland’s new Commercial Bay as part of its ascent into global markets.It's the second store for the high-end brand but will be i...

Brent Melville 15 Jun 2020
Covid-19: NZ went hard, early, and then went shopping
Economy

Covid-19: NZ went hard, early, and then went shopping

Retail spending on credit and debit cards bounced back in May as businesses reopened from the covid-19 lockdown.

Rebecca Howard 11 Jun 2020